Crypto Privacy Tracker

Sovereigns

There is no sovereignty without financial privacy.

The value held privately in crypto rivals some of the largest institutional holders in the world. The Monero community alone holds more than entire nations.

Here's how they compare:

Sovereigns — collective value held privately by crypto communities
Crypto — collective value held on transparent, public ledgers
DeFi — collective value locked in a protocol
Corporate — collective BTC holdings of an institution
ETFs — collective BTC holdings of a fund
State — collective BTC holdings of a nation state

Here's where the sovereigns rank.
# Entity Category BTC
1 Bitcoin (BTC) crypto ₿20.0M
2 Ethereum (ETH) crypto ₿3.7M
3 Tether (USDT) crypto ₿2.6M
4 XRP (XRP) crypto ₿1.3M
5 BNB (BNB) crypto ₿1.2M
6 USDC (USDC) crypto ₿1.1M
7 iShares Bitcoin Trust (IBIT) etf ₿764,205
8 Solana (SOL) crypto ₿726,875
9 Strategy (MSTR) corporate ₿714,644
10 TRON (TRX) crypto ₿415,621
11 United States state ₿328,372
12 Figure Heloc (FIGR_HELOC) crypto ₿224,520
13 Dogecoin (DOGE) crypto ₿205,269
14 Fidelity Wise Origin Bitcoin Fund (FBTC) etf ₿201,815
15 China state ₿190,000
16 WhiteBIT Coin (WBT) crypto ₿167,698
17 Grayscale Bitcoin Trust (GBTC) etf ₿167,683
18 Block.one corporate ₿164,000
19 USDS (USDS) crypto ₿162,973
20 Private Crypto sovereigns ₿142,764
21 Cardano (ADA) crypto ₿139,100
22 Hyperliquid (HYPE) crypto ₿134,094
23 Bitcoin Cash (BCH) crypto ₿133,914
24 Wrapped BTC (WBTC) defi ₿125,330
25 LEO Token (LEO) crypto ₿119,967
26 Tether corporate ₿96,184
27 Chainlink (LINK) crypto ₿91,417
28 Monero sovereigns ₿91,405
29 cbBTC defi ₿87,668
30 Ethena USDe (USDE) crypto ₿83,719
31 Canton (CC) crypto ₿77,742
32 Stellar (XLM) crypto ₿77,376
33 BTCB defi ₿65,301
34 USD1 (USD1) crypto ₿62,534
35 Rain (RAIN) crypto ₿61,598
36 United Kingdom state ₿61,245
37 Dai (DAI) crypto ₿60,975
38 Avalanche (AVAX) crypto ₿58,759
39 PayPal USD (PYUSD) crypto ₿57,448
40 Hedera (HBAR) crypto ₿57,270
41 Sui (SUI) crypto ₿53,401
42 MARA Holdings (MARA) corporate ₿53,250
43 Shiba Inu (SHIB) crypto ₿49,751
44 Grayscale Mini Trust (BTC) etf ₿48,631
45 Ukraine state ₿46,351
46 ARK 21Shares Bitcoin ETF (ARKB) etf ₿45,245
47 Cronos (CRO) crypto ₿45,061
48 Toncoin (TON) crypto ₿43,640
49 Twenty One Capital (XXI) corporate ₿43,514
50 MemeCore (M) crypto ₿41,245
51 Bitwise Bitcoin ETF (BITB) etf ₿40,230
52 Xapo corporate ₿38,931
53 Bittensor (TAO) crypto ₿37,333
54 World Liberty Financial (WLFI) crypto ₿36,613
55 Polkadot (DOT) crypto ₿35,946
56 Tether Gold (XAUT) crypto ₿35,914
57 Metaplanet (MPJPY) corporate ₿35,102
58 Circle USYC (USYC) crypto ₿35,101
59 Mantle (MNT) crypto ₿34,887
60 Casascius Coins defi ₿34,808
61 Mt. Gox corporate ₿34,504
62 Uniswap (UNI) crypto ₿32,380
63 PAX Gold (PAXG) crypto ₿32,088
64 Bitcoin Standard Treasury Company (CEPO) corporate ₿30,021
65 BlackRock USD Institutional Digital Liquidity Fund (BUIDL) crypto ₿28,452
66 Pi Network (PI) crypto ₿26,658
67 OKB (OKB) crypto ₿26,444
68 Global Dollar (USDG) crypto ₿25,105
69 Falcon USD (USDF) crypto ₿24,725
70 River corporate ₿24,710
71 Bullish (BLSH) corporate ₿24,300
72 NEAR Protocol (NEAR) crypto ₿24,240
73 Sky (SKY) crypto ₿24,181
74 Aave (AAVE) crypto ₿24,082
75 Aster (ASTER) crypto ₿23,921
76 HTX DAO (HTX) crypto ₿22,039
77 Ripple USD (RLUSD) crypto ₿21,585
78 Bitget Token (BGB) crypto ₿21,152
79 Pepe (PEPE) crypto ₿20,451
80 CoinShares Bitcoin Tracker (BITCOIN-XBT) etf ₿20,085
81 Purpose Bitcoin ETF (BTCC) etf ₿19,769
82 Internet Computer (ICP) crypto ₿19,591
83 BFUSD (BFUSD) crypto ₿18,634
84 Ethereum Classic (ETC) crypto ₿18,630
85 Ondo US Dollar Yield (USDY) crypto ₿18,549
86 Riot Platforms (RIOT) corporate ₿18,005
87 VanEck Bitcoin Trust (HODL) etf ₿17,937
88 Ondo (ONDO) crypto ₿17,931
89 Superstate Short Duration U.S. Government Securities Fund (USTB) (USTB) crypto ₿17,553
90 Zcash (shielded) sovereigns ₿17,223
91 WisdomTree Physical Bitcoin (BTCW) etf ₿16,755
92 Quant (QNT) crypto ₿16,521
93 Pump.fun (PUMP) crypto ₿15,738
94 BitMEX corporate ₿15,432
95 Coinbase Global (COIN) corporate ₿15,389
96 KuCoin (KCS) crypto ₿15,207
97 POL (ex-MATIC) (POL) crypto ₿14,727
98 Kaspa (KAS) crypto ₿14,726
99 Spiko EU T-Bills Money Market Fund (EUTBL) crypto ₿14,085
100 Worldcoin (WLD) crypto ₿13,754
101 Hut 8 Mining (HUT) corporate ₿13,696
102 Morpho (MORPHO) crypto ₿13,690
103 Janus Henderson Anemoy Treasury Fund (JTRSY) crypto ₿13,617
104 CleanSpark (CLSK) corporate ₿13,513
105 Strive (ASST) corporate ₿13,132
106 Cosmos Hub (ATOM) crypto ₿12,894
107 Gate (GT) crypto ₿12,893
108 NEXO (NEXO) crypto ₿12,857
109 Solv Protocol Bitcoin defi ₿12,755
110 Render (RENDER) crypto ₿12,568
111 Ethena (ENA) crypto ₿12,350
112 Lombard Protocol (LBTC) defi ₿11,780
113 USDtb (USDTB) crypto ₿11,696
114 Trump Media & Technology Group (DJT) corporate ₿11,542
115 Tesla (TSLA) corporate ₿11,509
116 Algorand (ALGO) crypto ₿11,366
117 Aptos (APT) crypto ₿11,199
118 Provenance Blockchain (HASH) crypto ₿11,081
119 Official Trump (TRUMP) crypto ₿11,044
120 Function (FBTC) defi ₿10,930
121 USDD (USDD) crypto ₿10,706
122 Midnight (NIGHT) crypto ₿10,415
123 OUSG (OUSG) crypto ₿10,131
124 Flare (FLR) crypto ₿10,038
125 Stone Ridge Holdings corporate ₿10,000
126 Filecoin (FIL) crypto ₿9,795
127 Siren (SIREN) crypto ₿9,520
128 VeChain (VET) crypto ₿8,842
129 Block (XYZ) corporate ₿8,780
130 Beldex sovereigns ₿8,669
131 XDC Network (XDC) crypto ₿8,614
132 Arbitrum (ARB) crypto ₿8,580
133 Bitwise 10 Crypto Index Fund (BITW) etf ₿8,530
134 21Shares Bitcoin ETP (ABTC) etf ₿8,525
135 SpaceX corporate ₿8,285
136 GHO (GHO) crypto ₿8,253
137 YLDS (YLDS) crypto ₿8,066
138 Jupiter (JUP) crypto ₿7,908
139 Usual USD (USD0) crypto ₿7,902
140 ​​Stable (STABLE) crypto ₿7,642
141 El Salvador state ₿7,560
142 GD Culture Group (GDC) corporate ₿7,500
143 JUST (JST) crypto ₿7,433
144 Bonk (BONK) crypto ₿7,416
145 Artificial Superintelligence Alliance (FET) crypto ₿7,335
146 LayerZero (ZRO) crypto ₿7,299
147 Tornado Cash sovereigns ₿7,251
148 Avalon Labs defi ₿6,997
149 TrueUSD (TUSD) crypto ₿6,984
150 Galaxy Digital Holdings (GLXY) corporate ₿6,894
151 United Arab Emirates state ₿6,420
152 Samourai Whirlpool sovereigns ₿6,173
153 Threshold Bitcoin defi ₿5,941
154 American Bitcoin Corp (ABTC) corporate ₿5,843
155 Bhutan state ₿5,600
156 Hashdex Nasdaq Crypto Index Fund (HASH11) etf ₿5,584
157 Nakamoto Inc (NAKA) corporate ₿5,398
158 3iQ The Bitcoin Fund (QBTC) etf ₿5,373
159 Franklin Bitcoin ETF (EZBC) etf ₿5,155
160 Lightning Network Public Channels defi ₿5,139
161 ProCap Financial (BRR) corporate ₿5,000
162 Invesco Galaxy Bitcoin ETF (BTCO) etf ₿4,990
163 GameStop (GME) corporate ₿4,710
164 sBTC defi ₿4,370
165 Decred (CSPP) sovereigns ₿4,255
166 Avalanche Bridged Bitcoin defi ₿4,156
167 Gemini Space Station (GEMI) corporate ₿4,002
168 OranjeBTC (OBTC3) corporate ₿3,722
169 Bitcoin Group SE (ADE) corporate ₿3,605
170 Liquid defi ₿3,310
171 The Tezos Foundation corporate ₿2,903
172 Rootstock defi ₿2,696
173 Zano sovereigns ₿2,512
174 ChinaAMC Bitcoin ETF (3042) etf ₿2,399
175 HIVE Digital Technologies (HIVE) corporate ₿2,201
176 Core Scientific (CORZ) corporate ₿2,116
177 Bitfarms (BITF) corporate ₿1,827
178 Canaan Inc (CAN) corporate ₿1,778
179 NEXON (3659) corporate ₿1,717
180 Exodus Movement (EXOD) corporate ₿1,694
181 Fold Holdings (FLD) corporate ₿1,526
182 Cipher Mining (CIFR) corporate ₿1,500
183 Zap Solutions (Strike) corporate ₿1,500
184 Railgun sovereigns ₿1,293
185 MimbleWimbleCoin sovereigns ₿1,246
186 Monochrome Bitcoin ETF (IBTC) etf ₿1,218
187 Treasury (TRSR) corporate ₿1,111
188 Bitdeer Technologies (BTDR) corporate ₿1,040
189 North Korea state ₿803
190 Pirate Chain sovereigns ₿623
191 Secret Network sovereigns ₿383
192 Venezuela state ₿240
193 Litecoin (MWEB) sovereigns ₿239
194 Firo sovereigns ₿174
195 Steak 'n Shake corporate ₿162
196 Finland state ₿90
Treasury data from bitcointreasuries.net (2026-02-13). Crypto market caps from CoinGecko (live, top 100). Private crypto total is calculated live from tracked projects.